The Spain international described a potential world-record fee for the Tottenham star as "not very expensive" considering the Welshman's talents, and urged his club to seal a deal

Sergio Ramos has become the latest Real Madrid player to endorse the club's move for Tottenham'sGareth Bale, declaring that the world-record fees being touted for the Premier League star are "not very expensive" considering his talent.

"The price of players is determined by the market. He's not very expensive from my point of view," Ramos told reporters at a press conference.

The 27-year-old defender believes Madrid must prioritise securing the best young Spanish talent - the €39 million deal for Real Sociedad midfielder Asier Illaramendi being a case in point - but says "great" players like Bale are always welcome.

"It's important that there are young, national players on this squad because a national core is very important," he continued.

"But from there it's wonderful to have great players. It's a good philosophy and a good project."

And while there has been no official bid for Bale as of yet, Ramos insists the final decision will lie with the club's hierarchy.

"The president [Florentino Perez] and [coach Carlo] Ancelotti will decide if he needs to come here."